147-149 Montague Street, South Melbourne, VIC 3205

Retail | Offices

Leased

  • Property ID: 443623
  • Floor Area: 350m²
Sold / Leased Results

Name Result Date Floor Land Result Price
total Leased 08/07/2024 350m2 N/A Contact Agent
2 LEVEL BUILDING WITH GROUND FLOOR GYM FITOUT

On offer is this prominent 2 level building equating to a total area of 350 sqm*. The ground floor is currently fitted out with a well presented "near new" gym layout, including, reception, consulting area, large weights and cardio room, as well new bathrooms and showers. The upstairs is fitted with office partitions and new floorboards throughout and could accomodate office use or be brought back to open plan and utilised as additional gym space.

Other attributes of this opportunity are:

- Each floor has own amenities
- Rear parking for up to 4-6 cars
- Excellent exposure & signage (STCA)
- Flexible Capital City 1 Zoning

Located in the heart of the Montague Precinct, the location benefits are aplenty:

- 5 min walk* to South Melbourne Market
- 5 min walk* to the Light Rail
- 5 min walk* to South Melbourne Primary School
- 5 min* walk to Kirrip Park
- 2km* from Melbourne CBD
- 800m* to Westgate Freeway & then Citylink
- 800m* to Bay Street, Port Melbourne Shopping Strip
- 800m* to Clarendon Street Shopping Strip

147-149 Montague Street, South Melbourne is an unmissable leasing opportunity for tenants wanting to secure their own building with outstanding exposure in a rapidly transforming and vibrant fringe location.

South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6076 $526 8.66%
Retail $10124 $255 2.52%
Industrial $6988 $269 3.85%
This is the average advertised price, rent and yield for South Melbourne, VIC 3205*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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